Followers

Monday, August 14, 2023

Govt hikes windfall tax on domestic crude, diesel export, ATF

The government on Monday hiked special additional excise duty on crude petroleum to Rs 7,100 per tonne with effect from August 15.In the last fortnightly review, windfall tax on domestically produced crude oil was set at Rs 4,250 per tonne.Besides, the Special Additional Excise Duty (SAED) or duty on export of diesel will be hiked to Rs 5.50 per litre from Re 1 per litre at present.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/okZKu30

No comments:

Post a Comment

Dow soars over 1,300 pts, Sensex 900 pts

Indian markets surged on Tuesday, with the Sensex closing above 80,000 points, fueled by a global rally following Donald Trump's victory...